Retail Storefront with
New
For Sale
Contact for pricing
140 E LANCASTER AVENUE, Downingtown, PA 19335
The space accommodates retail, personal services, and professional office uses.
Property Size4,085 SF
Price / SF$0.42
Days on Market4
Property Features for 140 E LANCASTER AVENUE
General Information
Standard status
Active
Size
4,085 SF
Net Rentable
600 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Keller Williams Real Estate -Exton
(610) 363-4300
Listed By:
Colby Martin · License #RS216478L
(610) 563-0573
Source:
Cummingsrealtors
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 26 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate -Exton
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Investment Insights
Based on property information with market context.
This storefront offers approximately 600 +/- leasable square feet at 140 E Lancaster Avenue in Downingtown. The building dates to 1900, and parking is available for customers and clients. Permitted uses include retail, personal services, and professional office activity.
The property is located in the Downingtown Main Street District. Lease terms start at 12 months. Heat, water, sewer, trash, and hot water are included; the tenant pays for electricity and internet.
The property is located in the Downingtown Main Street District. Lease terms start at 12 months. Heat, water, sewer, trash, and hot water are included; the tenant pays for electricity and internet.
Key Highlights
- Approximately 600 +/- leasable square feet
- Uses include retail, personal services, and professional office
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,169
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,380
$923.4K
Cap Rate 7%
$659,557
$659.6K
Cap Rate 9%
$512,989
$513.0K
Market Conditions
NOI Build-Up for 4,085 SF
Gross rent
$73.5K $18.00/SF
− Vacancy
−$7.6K −$1.85/SF
EGI
$66.0K $16.15/SF
− OpEx
−$19.8K −$4.84/SF
NOI
$46.2K $11.30/SF
Area
Chester County, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$923,380
Cap Rate 7%
$659,557
Cap Rate 9%
$512,989
Alternative Uses
Best Use
Retail
$659.6K
$577.1K – $769.5K
NOI $46,169 @ 7.0% cap · market cap 2,715.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,697 @ 7.0% cap · market cap 5,099.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
811
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Dining 4%
Wawa
Shops & Services
39,933 visits/mo
0.5 miles
Turkey Hill Minit Market
Shops & Services
6,019 visits/mo
0.1 miles
Truist
Shops & Services
3,493 visits/mo
0.2 miles
PrimoHoagies
Dining
1,842 visits/mo
0.3 miles
Demographics for 19335, PA
52,406
Population
20,276
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
43.3 sq mi
ZIP Area
1,210
Density / Sq Mi
$136,839
Median Household Income
$69,850
Median Earnings
$1,647
Median Rent
$464,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- The Bud-N-Bloom Boutique — bud-n-bloom@outlook.com, 6 Wallace Ave, Downingtown, PA 19335
Frequently Asked Questions
What type of property is this?
Storefront property - The space accommodates retail, personal services, and professional office uses.
Where is this storefront property located?
The property is located at 140 E LANCASTER AVENUE Downingtown, PA.
What are key features of this property?
This property features: Approximately 600 +/- leasable square feet; Uses include retail, personal services, and professional office; Parking available
